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Politics : Formerly About Advanced Micro Devices

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To: RMF who wrote (543466)	1/13/2010 9:55:49 AM
From: i-node	1 Recommendation Read Replies (3) of 1574633

>> Bush got in he seemed to have NO objection to cutting taxes. Do you think cutting taxes was responsible for the deficits under GWB? Or could it have been uncontrolled federal spending? '01 1863 '02 2011 '03 2160 '04 2293 '05 2472 '06 2655 '07 2729 '08 2983 '09 3998 OBAMA '10 3591 OBAMA (CURRENT PROJECTION) The distinction is important because there are those who claim that tax cuts caused the deficits when, in reality, total revenue increased over the same period. Tax cuts aren't the problem. Unconstrained spending it. And today comes news that the actuary for Medicare tells us that the president's so-called cost-cuts (AKA "health care reform") will COST AN ADDITIONAL $200 BILLION.

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